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February 26, 2015 – Comments (2)

You need to jump on the band wagon, if you crunch the numbers the book is at least 11.00, 

The company anounced today they're looking for a buyer. Even if you make 10% gains from this entry polint that's a pretty tasty short term gain.  

 Updated Feb. 26, 2015 8:49 a.m. ET

Energy producer Penn Virginia Corp. is exploring a sale as its stock price has declined, its reserves have lost value and billionaire George Soros has urged the company to find a buyer. 

Fool on.  

2 Comments – Post Your Own

#1) On February 26, 2015 at 12:00 PM, Tagit (< 20) wrote:

And as always please complete your own D&D and NEVER buy anything from a blog post. 

I forgot that...sorry. 

Now fool on.... 

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#2) On February 26, 2015 at 12:20 PM, Teacherman1 (< 20) wrote:

I saw that on TV this morning while I was feeding the puppy.

I've had them on my watch list at $3.25 since December, but wish I had bought them when they got under $4.50 when most of the small E&P's got hit hard.

Not so sure now is a good time for them to be selling, unless they have had some interest from one of the Majors, because they will not get a lot of value for their assets.

I guess if SOROS says sell, they sell. I'm sure he is in at a good price. 

Oh well, will continue to watch to see if there is a way to "slip between the cracks" and make a little short term profit.

Seems like today is pretty much an ETF controlled sideways day.

Have a good day. 

 

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